2529 Rio Grande ST # 36, Austin TX 78705

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $305,390. I'd recommend coming to market at $333,000 to $345,000 to strike the right balance between value and market velocity. Among the similar homes currently available in ORANGE CONDOMINIA, this price point stands out as competitive. Built in 1977, this home is 7 years older than the average comp, which is reflected in the adjustments. The 0.02 acre lot (smaller than the 0.06 acre average) is reflected in the estimate. Current inventory shows 5 comparable homes in ORANGE CONDOMINIA; a buyer's market based on recent absorption. The trend in 78705 shows prices have fallen 4.6% in the past 6 months. 915 W 23rd ST # 203, Austin TX 78705 nearby adjusts to $332,521; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group